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Ripple

2 to 1 Risk vs. Reward, XRP TRADE SETUP AT 30X LEVERAGE ON $500.My last trade went perfectly according to plan. I'm going to attempt a secondary trade based on the same premise, but this time, I will try to capture the retest of the .583 level. To reduce my risk, since the first trade was a success, I've reduced the dollar amount in the trade by 50% to avoid giving back too much of the profit from the previous trade, assuming I'm wrong on this one. I have also reduced the risk-to-reward ratio by 20% on the reward size to make the trade a little easier to achieve. Limiting losses is key to successful trading. Don't follow my trades; come up with your own ideas. Don't be a follower—be a trailblazer! Good luck!
BITSTAMP:XRPUSDLong
by MetaShackle
XRP 1 day ChartHave a look at the trend lines that I have placed on the chart. This could be a potential bottom. At some point in time I feel that Xrp will be relisted, allowing the free market to decide what the true price of Xrp will be. Institution(s) will be rushing in to pump the price to make money. Xrp is in the top ten and has not had a price pump unlike every other coin in the top 10. Take a chance and buy what you can afford and hold. Even a week's worth of coffee money could make a difference in your life, more than what you would have gotten from the coffee. I have no targets in mind other then it should make a new or close to all time high. P.S. why would ripple go to the expense of a trial, persevere for years and won their trial!...If and only if there is something bigger for them in the future? Along with the fine that Ripple is ordered to pay which is the amount that Xrp would have on the balance sheet for a week. Also saying that"Ripple" has no problem paying the B.S. fine!
BITSTAMP:XRPUSDLong
by socialparasite69
2.5 to 1 Risk vs. Reward, XRP TRADE SETUP. XRP is looking ripe for a nice bounce here. Now that the price is resting on top of the upper trend line, it's looks like a great opportunity to put on a small trade. I really like this setup here, especially going into Sunday, as I think a lot of people are looking to add to their XRP positions at these levels before it hits the .60 cent level again. I may be a little early on this trade, but with the risk vs. reward, I think it's worth a shot. Don't follow my trades, come up with your own ideas. Don't be a follower, be a trailblazer!
BITSTAMP:XRPUSDLong
by MetaShackle
XRP's Victory and the Path to $1: What’s Next for the Ripple?In a significant turn of events for the cryptocurrency world, Ripple has emerged victorious in its legal battle against the U.S. Securities and Exchange Commission (SEC), sparking a surge of optimism and speculation surrounding the CRYPTOCAP:XRP token. The court ruling, delivered on August 7, affirmed that Ripple’s sales of XRP to retail investors do not violate federal securities laws, providing a much-needed boost to both the token’s price and its future prospects. Ripple’s Legal Triumph: A Game Changer for XRP The recent legal win has been a game changer for $XRP. Following the court’s decision, the price of XRP saw a remarkable increase of over 30%, reaching levels not seen since April. This legal victory has not only revived confidence in CRYPTOCAP:XRP but also set the stage for a potential bullish rally. Market sentiment is currently bullish, with analysts closely watching the retracement pivot at $0.70 to validate XRP's bullish trajectory toward $1. Binance US Spotlight: Unveiling XRP’s Potential Adding to the positive momentum, Binance US has provided crucial insights into XRP’s technology and scalability. The exchange highlighted that XRP, created in 2012 by David Schwartz, Jed McCaleb, and Arthur Britto, operates on the XRP Ledger Consensus Protocol. This protocol, distinct from Bitcoin’s proof-of-work system, enables XRP to handle up to 1,500 transactions per second, showcasing its efficiency and scalability. These revelations have intensified interest in XRP, particularly following Ripple’s legal success. The update underscores the cryptocurrency’s potential and fuels speculation about an XRP Exchange-Traded Fund (ETF), which could further enhance its market presence. Market Reactions and Speculation The market reaction to Ripple’s legal victory has been swift. XRP’s price increase post-ruling is accompanied by a noticeable decline in supply on exchanges, indicating that investors are holding onto their assets in anticipation of further gains. Retail accumulation is on the rise, especially among smaller holders, while larger investors have adjusted their positions. Speculation about an XRP ETF has gained traction in light of recent developments. The announcement of XRP/USD futures contracts by Bitnomial Exchange has further fueled discussions. These contracts, which are physically settled and margin-based, reflect the value of 100,000 XRP units, signaling a step toward increased market accessibility and liquidity. The Road Ahead: As XRP navigates through this transformative period, all eyes are set on the retracement pivot at $0.70. This level is crucial for validating the token’s bullish momentum. If CRYPTOCAP:XRP maintains its position above this pivot, it could solidify the path toward $1, marking a significant milestone in its journey. In summary, Ripple’s court victory has revitalized XRP’s market outlook, setting the stage for potential bullish movements. With increasing interest, technological advancements, and speculative excitement around an XRP ETF, the cryptocurrency is poised for an exciting phase. Investors and analysts will be keenly watching the retracement pivot at $0.70 as CRYPTOCAP:XRP strives toward its next target of $1.
Long
by DEXWireNews
GTAI/USDT : Another Bullrun Ahead ? (READ THE CAPTION)By analyzing the #GTProtocol chart on the 4-hour timeframe, we observe that, as expected from our previous analysis, this cryptocurrency has grown by 13% to reach $0.5620! Now, after a correction that brought GT Protocol down to the $0.48 level, we see support at this range. If the price can stabilize above the support zone of $0.45 to $0.48, we can anticipate further growth from this cryptocurrency! The expected short-term return is 9%, and the mid-term return is 45%. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
1
XRP: SEC vs Ripple Case Closed -(Don't Get Your Hopes Up Though)The 4 Year war is over for the worlds most hated altcoin. Judge Analysa Torres has ordered Ripple to pay $125 million in civil penalties and cease any further violations of securities laws, concluding the outstretched legal case against Ripple. This penalty is favorable for Ripple, given that the SEC had originally claimed a $2 billion fine. Considering the XRP army is still fairly strong thanks to paid youtubers and Twitter/X shillers, I'm expecting a short term volatility and wicky price action similar to what happened the previous time Ripple announced an SEC victory. Noteworthy that XRP has ALREADY gone through a pre-emptive pump, increasing nearly 50% BEFORE the official announcement, likely due to insider trading as is typical with these kinds of things. The previous 24-hours saw a trading volume of around $1.68 billion, indicating that whales are moving and the biggest action is likely already over. The market capitalization of the altcoin is currently $29.5 billion, which is ridiculous considering there is no actual usecase for the alt after 12 years. To be completely objective - this COULD change, IF Ripple could come up with an actual usecase for XRP that somehow burns the enormous supply . Unfortunately, up until this point, it has been used by the board members as a liquidity pool to fund their actual company (Ripple). I don't think it would be wise to trust them considering they have shown their true colors and misused the once promising coin as well as the community. ________________________________ BINANCE:XRPUSD CRYPTOCAP:XRP
BINANCE:XRPUSD
by CryptoCheck-
Dogecoin Weekly Analysis: Another Bull Move Ahead (READ CAPTION)By examining the #Dogecoin chart in the weekly timeframe (logarithmic), we observe that after dropping to $0.080 last week, the price saw heavy demand and increased by 30%, reaching $0.105. Currently, Dogecoin is trading above 10 cents, and we need to see if the price will successfully stabilize above 10 cents in the coming week. The mid-term price targets are $0.14, $0.1660, and $0.23. The expected return in the mid-term is over 100%.
Long
by ArmanShabanTrading
2
Bitcoin Weekly Analysis: Bull or Bear ? (Read the Caption)By examining the #Bitcoin chart in the weekly timeframe, we observe that in the past week, the price dropped to $49,000 and then encountered buying pressure, rising up to $63,000. Currently, Bitcoin is trading around $59,750, and we need to see if the weekly candle will close below $60K or above $60K in the next 4 hours. The price might even rise to $63,400 in the coming week, after which it could undergo another correction. This analysis will be updated next week. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
1
XRP ReboundsXRP has been impacted by the recent market downturn. The price of XRP is currently at $0.4884, having found support after a significant drop. This movement reflects broader trends in the cryptocurrency market, which has been affected by various macroeconomic and regulatory factors. Key Factors Influencing the Market Crash Macroeconomic Concerns: Interest Rates and Economic Slowdown: Investor fears over a potential slowdown in the U.S. economy and emergency rate cuts by the Federal Reserve have triggered a broader sell-off in risk assets, including cryptocurrencies. Regulatory Uncertainties: Delay in ETF Listings: The U.S. Securities and Exchange Commission's delay in approving spot Ethereum ETFs has created uncertainty and negatively affected market sentiment, leading to increased selling pressure. Global Market Trends: Strength of the U.S. Dollar: The recent strength of the U.S. dollar, bolstered by the European Central Bank's rate cuts, has added pressure to the cryptocurrency market as a strong dollar typically results in weaker performance for risk-on assets. The MACD is bearish, indicating downward momentum with the histogram at -0.0054 and MACD line at -0.0299. The RSI is at 34.32, suggesting that XRP is nearing oversold conditions, which could indicate a potential for a rebound. With %K at 39.52 and %D at 30.30, the Stochastic Oscillator shows that XRP is in oversold territory, signaling a possible short-term recovery. Conclusion and Market Outlook XRP has experienced significant downward pressure but has found support at $0.4596. The technical indicators suggest a cautious outlook with potential stabilization at current levels. Monitoring the resistance levels at $0.5330 and the dynamic support at $0.3823 will be crucial for determining the next directional move.
by MonoCoinSignal
GTAU/USDT : Waiting for Consolidation ! (READ THE CAPTION)By examining the GT Protocol chart in the 4-hour timeframe, we observe that after the entire cryptocurrency market experienced a significant drop last week, this cryptocurrency was no exception and corrected down to $0.45. Currently, GT Protocol is trading around $0.51, and we need to see whether it can stabilize within the $0.45 to $0.49 range this week. This analysis will be updated. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
by ArmanShabanTrading
2
Selling the Ripple-SEC Settlement News: A Cautionary TaleThe cryptocurrency market is notoriously volatile, driven by a complex interplay of factors including technology, regulation, and investor sentiment. One phenomenon that can significantly impact prices is the "sell the news" event. This occurs when a positive event, anticipated by the market, fails to live up to expectations or is followed by profit-taking, causing the asset's price to decline. The potential settlement between Ripple and the SEC is a prime example of a situation where investors should exercise caution. While a resolution to this long-standing legal battle is undoubtedly positive for the cryptocurrency industry, it's crucial to approach any potential settlement with a critical eye. A look back at the initial ruling in June of last year provides a stark reminder of the risks. Following the favorable decision, XRP surged dramatically, only to reverse course and plunge shortly thereafter. This classic "bull trap" highlights the importance of avoiding emotional decision-making and conducting thorough analysis before making investment choices. Several factors could contribute to a "sell the news" event in the case of a Ripple-SEC settlement. Firstly, the terms of the settlement may not be as favorable to Ripple as investors had hoped. The SEC's stance on cryptocurrencies has been consistently stringent, and any compromise it makes is likely to be carefully calculated. Secondly, the market may have already priced in a positive outcome, leaving little room for further upside. This is a common occurrence in highly anticipated events, as investors tend to build bullish expectations in advance. Furthermore, profit-taking is a natural market dynamic. After a significant price increase, many investors will look to realize their gains, putting downward pressure on the price. This can exacerbate a "sell the news" situation, as it reinforces the negative sentiment. To mitigate the risks associated with selling the news, investors should adopt a disciplined approach. This includes conducting thorough research, understanding the potential implications of different settlement outcomes, and developing a clear investment strategy. It's also essential to maintain a long-term perspective and avoid making impulsive decisions based on short-term price movements. While a Ripple-SEC settlement is undoubtedly a significant development, it's crucial to approach it with a healthy dose of skepticism. By understanding the potential pitfalls and implementing sound investment practices, investors can increase their chances of navigating this complex market successfully. Ultimately, the cryptocurrency market remains highly speculative, and past performance is not indicative of future results. Investors should carefully consider their risk tolerance and investment goals before allocating capital to any digital asset. Disclaimer: This article is for informational purposes only and does not constitute financial advice. Conducting thorough research and consulting with a financial advisor is recommended before making investment decisions.
BITSTAMP:XRPUSD
by bryandowningqln
XRP - Pending Breakout#XRP/USDT #Analysis Description --------------------------------------------------------------- SCENARIO-1 + Sudden surge in the XRP price gave some hope for XRP price and currently trading around the resistance zone. + breakout from this resistance is essential for the continued bullish trend + If the breakout from this resistance confirmed then we can enter a LONG trade. SCENARIO-2 + If the price gets rejected from the resistance line then next support is around 0.45 range. + from this support we can expect a bounce back and eventual breakout from the resistance. + We have a short trade opportunity once we have confirmed rejection from the resistance line. --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
by VectorAlgo
XRP (Ripple): Resistance BreakoutTrade setup : Price is in an uptrend as price has broken back above 200-day moving average. Price also made a Higher Low (above the low from early July of $0.38), which is positive. Now we look for the right entry opportunity in Uptrend. We wait for price to either 1) break above $0.67 resistance to signal continuation of uptrend, with +15% upside potential to $0.75 next, or 2) pull back near $0.50 support for another swing trade entry in Uptrend with upside potential back to $0.67. Learn risk management in Lesson 9. Pattern : Resistance Breakout . Once a price breaks above a resistance zone, it signals that buyers have absorbed all the supply from sellers at this level and price can resume it's advance. Following a resistance breakout, the next closest resistance zone becomes a price target. Learn to trade key level breakouts in Lesson 7. Trend : Short-term trend is Up, Medium-term trend is Strong Up and Long-term trend is Up. Momentum is Bearish but inflecting. MACD Line is still below MACD Signal Line but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing an upswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $0.50, then $0.42. Nearest Resistance Zone is $0.67, then $0.75.
Long
by altFINS
XRPUSD Incredibly strong 1D candle. Sign of a bullish break-out?A little over a month ago (June 25, see chart below), we posted a roadmap on XRPUSD looking towards an aggressive break-out and rally above its multi-year Triangle: Yesterday, the crypto made a massive 1D green candle (end of SEC's lawsuit), against the majority of the market sentiment and yet again it almost touched the top (Lower Highs trend-line) of the 1-year Channel Down pattern that started on the July 13 2023 High. Just a week ago (July 31 2024), we had the last test (and rejection) of that top so a test that soon could be an early warning of a bullish break-out. If the price breaks and closes the candle above it, we expect a W-shaped recovery that could target the 2.0 Fibonacci extension at 1.1275. If rejected at the top again though, we would expect a re-test of the Channel's 0.618 Fib level, with a rough Target at 0.4000. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:XRPUSD
by TradingShot
XRP INSANE NEWS! DUBAI PARTNERSHIP! 🌠 Wow wow, didn't expect to be writing an article like this for XRP, let alone so soon but here we are! This is some pretty sudden news so I'll keep it short and simple and before we start we'll put down a reference chart of what we're looking at right now on the three minute chart for XRP and I'll add some links to the articles, announcement below as well. 🌠 Much like a shooting start XRP has shot straight across the sky or in this case, straight up amongst the breaking news now of it's UAE partnership! In a shocking revelation Ripple through an official announcement has announced plans to work and partner alongside the UAE's DIFC Innovation Hub which is the innovation ecosystem of the Dubai International Financial Centre or DIFC for short. This will allow XRP to accelerate it's blockchain and digital assets innovation in the UAE as the article puts it. 🌠 For those that aren't too familiar, the Dubai International Financial Centre is the leading international financial hub in the Middle East, Africa, and South Asia, this amongst XRP's SEC case in the USA signals an expansion which as I imagine many investors will take a liking too, especially when we look at how hostile the USA, SEC more specifically has been when it comes to crypto and the digital asset space. 🌠 This marks a significant step in the path for XRP becoming a real digital asset that will one day come to affect billions of lives as Ripple continues to make headway and create new partnership's and expand, grow as it continually has since being founded in 2012. This is a huge step for Ripple and will only lead to more adoption and help Ripple establish a stronger foothold in the financial world no doubt pulling a lot more attention and eyes no doubt. I'll leave a link to one or two articles below for reference if anyone would like to read more into the news. 🌠 Wanted to get something out real quick for you guys since it seems the market's just picking up on this news and I thought you guys may like some positive news! Here are the links below as well to the announcement and some additional articles on the subject. Technically wise to keep it simple, I'm not paying too much mind, things are going to be volatile as the market takes the sudden news so we'll keep updated on that for more as usual. Thanks for tuning in as always with me and feel free to leave a like and follow for more updates as always! May you all have a blessed day. ripple.com www.bitcoinsensus.com ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
1